The Heat Networks Investment Project (HNIP) has awarded £24 million of funding to Energetik. This brings the total support provided by HNIP to Energetik to just under £39 million, following an initial grant and loan award of over £14 million for the construction of the Meridian Heat Network in 2020.
The additional funding will increase the network’s reach and enable Energetik to supply very low carbon heat to over 50,000 homes, building on its previous forecast of 15,000 connections by 2026 and making this scheme the largest to be awarded HNIP funding to date.
